Question

Ivette received Social Security benefits during the current year of $16,400. Her only other sources of...

Ivette received Social Security benefits during the current year of $16,400. Her only other sources of income were wages of 14,000, interest income from corporate bonds of $4,000, taxable domestic dividends of $4,100, and municipal bond interest of $6,600. Ivette is single, 72-years of age, and has no dependents.

Calculate Ivette’s AGI.

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